Franc Gains Against Euro Thursday [EUR/CHF]

Franc Gains Against Euro Thursday [EUR/CHF]
In trading against the euro on Thursday morning, the Swiss currency saw some strength. The currency reversed earlier losses to move near 1.6572 in the mid morning. The pair moved as the European Central Bank maintained its interest rates. The central bank's rate-setting body left the key interest rate unchanged at 4.00%.

Swiss Franc Mostly Strong On Monday [USD/CHF]
The Swiss franc was strong versus the dollar, euro and yen in trading on Thursday morning in New York. Meanwhile, the currency saw some weakness against the pound. The Swiss currency moved with little economic news from the area.

Markets Down Sharply In Early Trading - U.S. Commentary []
The U.S. stock markets have opened significantly lower on Wednesday, as oil reaches record intraday highs, oil slumps to record lows, and General Motors (GM) shocks the street by posting a $39 billion quarter loss.

European Markets Rise On Strong Earnings, Miners - European Commentary []
The European markets rose for the first time in four days on Tuesday, as forecast-beating earnings from companies such as Swiss Re and Vestas Wind Systems lifted investor sentiments and mining stocks rallied on rising copper and gold prices.

Dow Drops More Than 100 Points Led By Financials - U.S. Commentary []
Wall Street continues to trade lower on Monday, largely due to a bleak outlook from Citigroup (C), which has depressed financial stocks.

Tech Leads The Markets Downward - U.S. Commentary []
Technology stocks are turning in poor performances on Thursday, injecting downward pressure into the markets and driving the tech-heavy Nasdaq to a considerable loss.

Swiss Currency Weak Against Sterling [GBP/CHF]
The Swiss currency was somewhat weak against the sterling in trading on Thursday morning. The franc edged down to 2.3797 against the pound as action progressed. The UK's central bank left its key interest rate unchanged on Thursday, in line with expectations.

Nasdaq Falls Sharply On Tech's Weakness - U.S. Commentary []
Wall Street is seeing weakness for a second consecutive session on Thursday, largely on weakness within tech after Cisco (CSCO) released a disappointing sales forecast for the second quarter.

Stocks Look To Bounce Back Tuesday Despite Revival Of Credit Market Fears - US Commentary []
US stocks were poised for a modest rebound Tuesday morning one after Citigroup (C) issued a bleak outlook, spooking investors and reviving concerns about lending markets.